Reit as an investment vehicle has a huge opportunity as the country has a rent-yielding office inventory of 537 million square feet valued in excess of $70 billion.
A total of 25 companies raised Rs 28,220 crore during the financial year.
With a new higher tax regime coming into effect from the new financial year, top corporates and wealthy investors are in a rush to restructure their shareholding.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
Retention of Murthy within the promoter group was crucial for Infosys as the company believed the promoters' relationship would help the company in difficult times.
The total value of holdings of domestic institutional investors as a percentage of the value of FII holdings has reached its highest level in four years.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
The Indian diaspora remain bullish despite single-digit equity market returns since May 2014, says Pavan Burugula.
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
CBDT circular issued last month had raised multiple taxation concerns.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.
Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered double-digit rise
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
"After sinking in Rs 6,000-7,000 crore in the Nano till date, what is the result?"
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